Panos Prevedouros's Page

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Earlier today I was interviewed by BBC at the Hawaii Public Radio studio about the contribution of rail spending to the bankruptcy of Greece. I have reported to you both the Economist (2011) and the New York Times (2009) coverage.Greece’s rail extravaganza was about $13 Billion for 11 million people.…See More

Dear Friends, Campaign Volunteers and Supporters,I would like you to be the first to know that I do not plan to run for Mayor of Honolulu in 2012.We need to join forces and defeat the rail boondoggle in the courts. Good policies, good solutions, and sound budgets cannot be achieved with a permanent multi-billion dollar eyesore that will be fraught with construction, installation, operation and financing problems for decades. Let's focus our efforts in 2012 to defeat this monster so that we can…See More

Dear Friends, Campaign Volunteers and Supporters,I would like you to be the first to know that I do not plan to run for Mayor of Honolulu in 2012.We need to join forces and defeat the rail boondoggle in the courts. Good policies, good solutions, and sound budgets cannot be achieved with a permanent multi-billion dollar eyesore that will be fraught with construction, installation, operation and financing problems for decades. Let's focus our efforts in 2012 to defeat this monster so that we can…See More

Dear FriendI’d like to thank you for supporting my last campaign. Though our last campaign was not successful we started to spread the message that Oahu’s transportation issues can be addressed without spending five billion dollars or more than $15,000 per family on Oahu. We have seen already that Peter Carlisle has become a ONE ISSUE mayor. His sole purpose seems to be to build rail at any cost. While he is making multiple trips to Washington DC to schmooze for rail we continue to have daily…See More

Dear FriendI’d like to thank you for supporting my last campaign. Though our last campaign was not successful we started to spread the message that Oahu’s transportation issues can be addressed without spending five billion dollars or more than $15,000 per family on Oahu. We have seen already that Peter Carlisle has become a ONE ISSUE mayor. His sole purpose seems to be to build rail at any cost. While he is making multiple trips to Washington DC to schmooze for rail we continue to have daily…See More

Panos Prevedouros's Blog

Earlier today I was interviewed by BBC at the Hawaii Public Radio studio about the contribution of rail spending to the bankruptcy of Greece. I have reported to you both the Economist (2011) and the New York Times (2009) coverage.

I would like you to be the first to know that I do not plan to run for Mayor of Honolulu in 2012.

We need to join forces and defeat the rail boondoggle in the courts. Good policies, good solutions, and sound budgets cannot be achieved with a permanent multi-billion dollar eyesore that will be fraught with construction, installation, operation and financing problems for decades.

Though our last campaign was not successful we started to spread the message that Oahu’s transportation issues can be addressed without spending five billion dollars or more than $15,000 per family on Oahu.

We have seen already that Peter Carlisle has become a ONE ISSUE mayor. His sole purpose seems to be to build rail at any cost. While he is making multiple trips to Washington DC… Continue

First was the 2009 Jacob's risk analysis report comissioned by the FTA. It said this:

At the present stage of pre-Preliminary Engineering, one can be 90% confident that the proposed project will cost between 5.2 and 10.2 billion dollars (Figure 1-1, page 1-10 of Jacobs report.) Once PE is done and the project enters Final Design, then its price tag is expected to narrow: The project will have a 90% chance of being built for a budget ranging between 4.8 and 8.1 billion… Continue